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Federal Reserve's Daly: The U.S. economy faces a dilemma of weak demand, inflation is under control

Nov 10, 2025 20:20:42

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According to Jin Ten, Fed's Daly stated that the U.S. economy may be facing a predicament of weak demand, while tariff-related inflation currently seems to be under control. Daly pointed out that the impact of tariffs is mainly limited to goods, and inflation in the service sector or inflation expectations remain relatively stable. She emphasized that policy-making requires an open mind and a deep dive into the evidence.

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